PPP Loan information for The alphabet shop

$260,000

The alphabet shop was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/27/2020 by The American Commercial Bank & Trust, National Association reported 28 jobs and $260,000 was used to fund payroll.

The alphabet shop is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / The alphabet shop

THE ALPHABET SHOP

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE ALPHABET SHOP

Borrower Address

300 E ELGIN AVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120-8412

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60120-8412

CD

IL-03

Jobs Reported

28

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

263307.78

Forgiveness Date

08/10/2021

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